US-Israel war with Iran sends shockwaves through global business - Reuters
US-Israel war with Iran sends shockwaves through global business Reuters
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Notable Quotes
"If these effects last longer, everyone will start to feel them."
— Young Liu , Executive
"Any time you see an increase in oil price or gas price, it's got a knock-on effect further down on every company, on every industry."
— Simon Hunt , Executive
"The scale of what is at stake cannot be overstated."
— Hakan Kaya , Academic
Key People
Senior portfolio manager commenting on international oil trade.
The highest-ranking political and religious authority in Iran.
Lockheed Martin is a global aerospace, defense, and security company.
Northrop Grumman is a leading defense contractor benefiting from the increased demand for high-end military platforms.
RTX Corporation is a defense contractor that has seen a 6.2% surge in stock due to increased demand for missile defense systems.
CFO of Reckitt Benckiser, a consumer goods firm.
CEO of Italian drinks maker Campari.
Chairman of Foxconn, the world's largest electronics maker.
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxPZXlvQ0xaNDZkMWNpUG1pTDFabHJqYUFUYllPSWhqNFNGZ2FUdTBOY0Rxc0dSS2U1ZVo5UWN5X01pVEluN0dacEV5Z1J0VnRlSV9XRUpyNnBXWV9CYXhDd2RROXJvMV9yVnd5cDZsN0Zkcnc4X21Sd3lkZ191aF9kdTJpX1BTR0Z2ZGVrdWd1ZWJBRkVpZ2d4al9mU2xURmxnUEF0dkhVNWVQTk4zWS1GVkdudw?oc=5" target="_blank">US-Israel war with Iran sends shockwaves through global business</a> <font color="#6f6f6f">Reuters</font>
The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials, and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts.
The global energy landscape shifted violently on March 2, 2026, as oil prices staged a massive rally following the outbreak of direct military hostilities between a U.S.-Israeli coalition and Iran.
The global energy landscape shifted violently this week following a series of coordinated U.S. and Israeli military strikes against Iranian nuclear and military infrastructure, leading to a significant surge in oil prices.
The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials, and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts.
Any interruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows, with China and India being particularly vulnerable due to their dependence on this route for crude oil imports.
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